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HOW TO AVOID SHOCK AND AWE IN MAKING A REAL ESTATE INVESTMENT – Mortgage Communications Spot – Florida Mortgages, Tampa Bay, Loans for First Time Buyers, FHA, VA and Refinance

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If you do choose to invest more than 20 percent in your down payment, it’s possible that you will gain access to a lower interest rate for your mortgage. Many lenders look favorably on homebuyers that are investing more of their own money and borrowing less. Be sure to check with your mortgage advisor to find out if you qualify for lower rates.

Zillow, Inc. is a Seattle company which has successfully built a nationally respected real estate research website, Zillow.com, where Zillow accumulates and provides at no charge both estimates of property values as well as detailed listings of real estate for sale across the country. Today, Zillow is recognized as a company that knows its stuff.

 · Fair Housing Act of 1968 and the Equal Credit Opportunity Act of 1974 prohibited discrimination on the basis of race, sex, or other personal characteristics in the credit and housing markets Home Mortgage Disclosure Act of 1975 (hmda) required that financial institutions publicly disclose mortgage lending and application data, creating unnecessary additional regulatory burdens

If the condo is not on the list, you cannot use a VA loan to purchase the condo. Find VA Approved Condos HERE. Everyone wants an affordable home.but there are other considerations you must take into account when considering a Condo. As an advocate for First Time Buyers, I always give this advice to clients who are considering purchasing a condo.

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